Greenlight Re Promotes Bart Hedges to CEO

Greenlight Capital Re, Ltd. GLRE today announced that the Company will promote Bart Hedges to Chief Executive Officer effective August 15, 2011. Hedges is the current President and Chief Underwriting Officer of Greenlight Re. He will succeed Greenlight Re Chief Executive Officer Len Goldberg effective with Goldberg's planned retirement. Hedges will also serve on the Board of Greenlight Re.